SES (OTCMKTS:SGBAF) Shares Gap Up – Here’s Why

Ses S.A. (OTCMKTS:SGBAF) shares gapped up before the market opened on Friday . The stock had previously closed at $7.35, but opened at $7.85. SES shares last traded at $7.55, with a volume of 600 shares traded.

SES Stock Performance

The stock has a market capitalization of $4.21 billion, a P/E ratio of -22.88 and a beta of 0.79. The stock has a 50 day moving average of $7.44 and a 200 day moving average of $7.14. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.80 and a current ratio of 0.87.

SES (OTCMKTS:SGBAF) last issued its quarterly earnings data on Monday, March 2nd. The company reported ($0.09) EPS for the quarter. The company had revenue of $1.03 billion for the quarter. SES had a positive return on equity of 2.57% and a negative net margin of 4.07%. Equities analysts predict that Ses S.A. will post 0.41 EPS for the current year.

SES Company Profile

SES (OTCMKTS:SGBAF) is a leading global satellite operator headquartered in Betzdorf, Luxembourg. The company provides end-to-end satellite communications services, leveraging a fleet of geostationary satellites under the ASTRA and SES brands, as well as medium-earth orbit satellites through its O3b network. SES serves a diverse range of customers in the broadcast, telecom, maritime, aviation and government sectors, delivering managed video distribution and high-throughput data connectivity solutions worldwide.

The company’s video business enables broadcasters and content distributors to reach television audiences across Europe, North America, Latin America, Asia-Pacific and Africa.